Magna Gold Corp. is pleased to announce its preliminary operating results for the three months ended March 31, 2021. The operational ramp-up at the San Francisco mine has been progressing well. Production levels have benefited from the accelerated stripping program, which has increased productivity and efficiency at the mine. As a result, Q1 2021 [...]
Magna Gold Corp. is pleased to announce its financial results for the nine months ended December 31, 2020 and year ended March 31, 2020. Unless otherwise stated, all values are stated in US dollars. Mr. Arturo Bonillas, President & CEO of Magna Gold commented, "Magna made significant strides in 2020 and transitioned to a precious metal producer and [...]
Exploration Focused on Margarita, in Addition to La Pima and Los Muertos Magna Gold Corp. announces that exploration activities have commenced on the 100% owned Margarita Silver Project located in Chihuahua State, Mexico . Magna will take possession of 5,097 meters of HQ drill core from 35 drill holes that were acquired in the acquisition of [...]
Magna Gold Corp. is pleased to announce the appointment of Mr. Colin Sutherland as Chief Financial Officer. Mr. Sutherland is a Chartered Professional Accountant having previously held senior executive and financial roles with NQ Minerals PLC, McEwen Mining Inc., Archipelago Resources plc, Timmins Gold Corp., Capital Gold Corp. and [...]
Magna Gold Corp. is pleased to provide the following letter to all shareholders from the Chief Executive Officer. Dear Fellow Shareholders and Investors, For Magna, 2020 was a year full of achievement, goal fulfillment and great transformation. In the face of an unquestionably challenging period for our industry and with limited capital, we were [...]
Magna Gold Corp. , announces that, as a result of a review by staff of the Ontario Securities Commission, it is issuing the following news release regarding the Company's technical disclosure in respect of the Company's Mercedes property . The Company has updated the corporate presentation posted on its website to, among other changes: Remove [...]
Magna Gold Corp. is pleased to announce a fiscal year-end change from March 31 to December 31. This change will align the fiscal year-end of the Company with that of its subsidiaries, Molimentales del Noroeste, S.A. de C.V., LM Mining, S.A. de C.V. and Minera Magna, S.A. de C.V., which are required to have fiscal periods for Mexican tax purposes [...]
Magna Gold Corp. is pleased to announce that the Company and Molimentales del Noroeste, S.A. de C.V. , a subsidiary of the Company, have closed the acquisition of the option to acquire a 100% undivided interest in the mining concessions comprising the Margarita Silver Project pursuant to a definitive option acquisition agreement with [...]
Magna Gold Corp. is pleased to announce that the Company and Molimentales del Noroeste, S.A. de C.V. , a subsidiary of the Company, have entered into a definitive option acquisition agreement with Sable Resources Ltd. and Exploraciones Sable, S. de R.L. de C.V. , a wholly-owned subsidiary of Sable, to acquire the Vendor's option to acquire a 100 [...]
Magna Gold Corp. is pleased to provide results of its operating activities at the San Francisco Mine located in Sonora, Mexico for the period between May 7 and September 30, 2020, in addition to an update on its ongoing mine development and optimization efforts. Magna remains focused on its stated strategy of establishing San Francisco as a stable [...]
Magna Gold Corp. is pleased to announce the results from the Pre-Feasibility Study completed on its 100%-owned San Francisco mine located in Sonora, Mexico . Arturo Bonillas, President and Chief Executive Officer of Magna, stated, "We are extremely pleased with the outcome of this study, which validates our view of value and leverage for San [...]